Top 5 Reasons People Work with JLM Capital
Selling your business is one of the biggest decisions you’d have to make.
It could be you want to retire, venture into a new business, or another reason. A decision like this is always life-changing and needs a detailed plan and diligence. You can only achieve your goals with the right partner.
In fact, most business owners either fail to find the right buyer or the process takes too long; statistics show that 80% of owners never successfully sell.
This leaves a lot of business owners frustrated and unsure of what they should do next.
So, if you’re reading this and have decided to sell your tech business or you’re looking for a partner, you need an investment company that can bring the best deal to the table.
You need a company that can handle all the details, help you navigate the entire process quickly, or even partner with you so you can sell at a future date for the best value.
That’s where JLM Capital comes in.
Problems Owners Encounter When They Want to Sell Their Business
As mentioned earlier, selling a business comes with many challenges you’d have to deal with as an owner. What are some of the obvious challenges?
1. Slower and More Complex Process
Usually, the traditional ways of selling your business involve you working with brokers.
This can easily complicate things much more than they need to be. The more protracted the process, the more likely the deal falls apart.
2. Misunderstanding of How the Entire Process Works
Most business owners do not have an open and clear understanding of the selling process. This tends to bring about lots of confusion and stress, especially when dealing with major life decisions like retirement or changes in partnership.
3. Uncertainty and Delays
Selling a business takes a lot of work. Offers would come in and go out, so to speak, every day. Most of them won’t work out at the last minute. Sometimes, it’s the issue of funds, or maybe the expectations of buyers turned out to be unrealistic.
Uncertainties and delays like these can be emotionally draining for business owners.
4. Hidden Value
To the detriment of many business owners, they often sell themselves short. They pay more attention to profit and very little to other intangible assets like their brand’s reputation or reach on social media. This can sometimes mean lost opportunities to command the highest market price upon sale.
Top 5 Reasons Business Owners Work with JLM Capital
So, why would you want to sell or partner with us?
Here are the top five reasons.
Reason #1: Quick Process
We get that time is of the essence. As an owner, you’re eager to move on to the next chapter of your life, and a slow process only slows down your plans in return. We want to help you avoid all of that.
That’s why we have a streamlined process that helps to eliminate unnecessary steps and red tape. One of our goals is to ensure we close the deal within a few weeks, not several months.
Reason #2: Tailored Expertise and Support
As a company that has partnered with veterans in the industry, we understand that selling your business comes with a lot of mixed emotions. It’s not always easy to let go of a business you’ve been running for a long time.
So, you’d mostly have a lot of questions for us about the entire process. Our experts will answer all your questions to ensure you see the big picture and should also help you make a better decision.
We’ve partnered with other M&A professionals who have been in the business for a long time, so we’re a company that’s committed to building a trusting relationship with you and ensuring you feel comfortable and supported throughout the process.
Reason #3: You Get Fair Market Value
We pay detailed attention to the value you’re getting from the sale. As your partners, we’re committed to fairness and transparency. We thoroughly evaluate the tangible assets we see, like property, equipment, inventory, and intangible assets.
These intangible assets can include your company’s brand reputation, customer base, staff experience, and your business online presence. We consider all these little details to ensure you get a fair market value for your business.
Reason #4: Industry Knowledge
As experts in the tech industry, we understand the unique value of tech-based businesses. Traditional valuation methods might miss the growth potential inherent in a tech company. But that’s not the case with our company. We have a deep understanding of the tech landscape and can identify specific factors that contribute to the true value of your tech business’s value.
This includes things like your development team, how well your products or services are performing, your customer base, or your business track record of innovation. With these criteria, we have your tech business valued accurately so that it’s a true reflection of the potential it has in the future regarding growth.
In other words, we don’t just look at the current value of your business. We also pay attention to the value of your business in the near future during our evaluation.
Reason #5: Flexibility and Legacy
We offer a variety of selling options, including traditional acquisitions and tailored partnerships. We also care about your legacy and strive to preserve the company culture and staff whenever possible.
How JLM Works
We use just three simple steps to ensure a well-streamlined process from start to finish.
Step 1: Initial Consult
We start by getting to know your business, goals, and expectations. Having all of this at arm’s length will help us move things up very quickly.
Step 2: Business Valuation
Now, following our initial consultation with you, we’ll conduct a thorough evaluation of your business. This includes your business financials, market value, and intangible assets that can help you place a fair market value.
Step 3: Making a Fair Offer
Based on our valuation, we’ll get back to you with a fair value that should be within your goals. This could be a full acquisition, a partnership agreement, or sometimes a combination. Once you accept our offer, we will move swiftly toward closing the deal.
Conclusion
As your partners, we understand that you’re taking a big step. At JLM Capital, we work with you every step of the way to ensure you get the best deal on the table.
And how do we do this? That’s through our partnership with other professionals in the M&A space, commitment to fairness, and quick turnaround.
So, whether you’re looking for a full acquisition or a partnership to upscale your business, JLM Capital is your trusted partner.
If you’re ready to make that big move, schedule a free consultation with us. We’ll work together to ensure a smooth, successful transition for you and your business.